Thermo Plastics receives Marks and Spencer (UK) ECO Certification

Thermo Plastics (Pvt) Ltd, a leader in apparel packaging in Sri Lanka has once again been recognised for its commitment to the society and environment in which it operates, becoming the world’s first apparel shroud manufacturing plant to obtain Eco-factory accreditation by Marks & Spencer for fulfilling their plan A ECO attributes. As global warming […]

Guardian Acuity Money Market Fund offers 11.37-pct annualized return

The Guardian Acuity Money Market fund which is more than four years old has returned 48.44% to its investors. This is an annualized return of 11.37%. The fund invests in government securities, fixed deposits and commercial papers and provides for easy withdrawals with no penalties for withdrawals. The Money Market Gilt fund which was launched […]

Seylan launches 1st digitally assisted customer support channels via WhatsApp and Facebook 

June 2016 Colombo: Reinforcing its credentials as a technology-savvy bank focusing on increasing customer convenience and engagement, Seylan Bank demonstrated its customer centric digital preparedness by launching Sri Lanka’s first social media-based customer support channels via WhatsApp and Facebook Messenger. Pre-empting how technology will redefine its relationship with its customers, Seylan Bank’s digital thrust has […]

The Queen to honour exceptional Sri Lankan with Queen’s Young Leaders Award

Her Majesty The Queen will present a Queen’s Young Leaders Award to an exceptional young person from Sri Lanka at a ceremony at Buckingham Palace, London on Thursday 23rd June. As the Commonwealth celebrates The Queen’s 90th birthday, this year’s Award winner, Nushelle De Silva is being recognised by The Queen for taking the lead […]

Huawei’s flagship P9 to enter Sri Lanka next week

Huawei, the fastest growing smartphone in Sri Lanka, announced that the company will unveil the much awaited flagship smartphone Huawei P9 end of June. Huawei’s partnership with German firm Leica has created a smartphone with a groundbreaking dual-lens camera that can shoot vivid color and crisp black-and-white to produce images with greater depth and clarity. […]

UN launches worldwide search for young leaders to achieve Sustainable Development Goals

The United Nations today launched a new initiative to recognize exceptional young people who are leaders in the effort to end poverty, combat climate change and reduce inequalities.  Spear-headed by the Office of the UN Secretary-General’s Envoy on Youth, the UN Young Leaders Initiative will recognize on an annual basis 17 young leaders who are driving […]

‘s exit from Indian Reserve Bank rattles investors

June 20, 2016 (LBO) – India’s Central Bank Governor Raghuram Rajan said in a letter on Saturday that he won’t serve past his term which ends in September, a reflection of a tense relationship with the government and their attempt to push him out the door. Rajan becomes the first RBI governor since India’s economic […]

Anuradhapura hosts sacred Buddhist relics from Pakistan

The Most Sacred Relics of Lord Buddha from Taxila Pakistan are currently being exhibited for general public in Thanthirimalaya Rajamaha Viharaya, Thanthirimalaya, Anuradhapura for two days on the occasion of Poson Full Moon Poya Day. The sacred relics include two holy bone relics of Lord Buddha, a golden casket containing the relics and a stone […]

BOE keeps benchmark rates, warns over Brexit

June 17, 2016 (LBO) – The Bank of England (BOE) left its benchmark bank rate unchanged at 0.50 percent and warned about the risks to growth and inflation from a decision to leave the European Union. The Bank has set the monetary policy to meet the 2 percent inflation target that helps to sustain growth […]

Shooting of British MP halts Brexit debate

June 17, 2016 (LBO) – The fatal shooting on Thursday of a British Member of Parliament, Jo Cox, an advocate for the U.K. to remain in the European Union, has temporarily silenced the debate over membership in the EU. All campaigning in the referendum was suspended after the first killing of a British member of […]

UNDP and Min of National Dialogue Partner to Promote Social Inclusion and Integration

Second Language Laboratory Declared Open in Agalawatte A new language laboratory was ceremonially opened by the Hon. Minister of National Co-Existence, Dialogue and Official Languages, Hon. Mano Ganesan together with United Nations Development Programme (UNDP) at the National Institute of Language Education and Training (NILET) in Agalawatte yesterday. The opening of this second laboratory is […]

Classic car club of Ceylon celebrates annual members’ day

Another successful event of the Classic Car Club of Ceylon was concluded recently, under the generous Sponsorships of SML Frontier Automotive (Pvt) Limited and McLarens Lubricants Limited (Sole Distributor for ExxonMobil Lubricants in Sri Lanka), who have maintained longstanding relationship with the Club. The Annual Member’s Day, which is much looked forward to, due to […]

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